Coppell Advisory Solutions LLC Buys 10,370 Shares of First Trust Low Duration Opportunities ETF $LMBS

Coppell Advisory Solutions LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 32.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,073 shares of the company’s stock after acquiring an additional 10,370 shares during the period. Coppell Advisory Solutions LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $2,065,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Golden State Wealth Management LLC grew its position in First Trust Low Duration Opportunities ETF by 1,812.4% in the first quarter. Golden State Wealth Management LLC now owns 4,781 shares of the company’s stock valued at $235,000 after purchasing an additional 4,531 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its stake in shares of First Trust Low Duration Opportunities ETF by 14.8% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 9,933 shares of the company’s stock worth $488,000 after buying an additional 1,282 shares during the last quarter. Sowell Financial Services LLC acquired a new stake in shares of First Trust Low Duration Opportunities ETF during the 1st quarter worth about $298,000. Wealth Enhancement Advisory Services LLC increased its position in First Trust Low Duration Opportunities ETF by 25.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 38,074 shares of the company’s stock worth $1,872,000 after acquiring an additional 7,700 shares during the period. Finally, GAMMA Investing LLC increased its position in First Trust Low Duration Opportunities ETF by 4,472.9% during the first quarter. GAMMA Investing LLC now owns 64,203 shares of the company’s stock worth $3,156,000 after acquiring an additional 62,799 shares during the period.

First Trust Low Duration Opportunities ETF Stock Up 0.2%

NASDAQ:LMBS opened at $49.79 on Monday. First Trust Low Duration Opportunities ETF has a 52 week low of $48.32 and a 52 week high of $51.49. The firm’s 50-day simple moving average is $49.36 and its 200 day simple moving average is $49.12.

First Trust Low Duration Opportunities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 21st were issued a $0.17 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Thursday, August 21st.

First Trust Low Duration Opportunities ETF Profile

The First Trust Low Duration Opportunities ETF (LMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years. LMBS was launched on Nov 4, 2014 and is managed by First Trust.